By Mark on Friday, 24 May 2019
Category: Telecom Expense Management Blog

3 Money-Draining Mistakes to Correct Now



To say that IT and telecom managers have a lot of challenges these days is an understatement. One of the biggest challenges is getting budget approval to update old technologies and install new ones. Does that sound familiar? One way we work with our clients is to provide better visibility over bills and contracts to help you save potentially thousands of dollars each month; savings that can help bring some of these new technologies in house.

The question is, where do we go to find these savings? More often than not, it's by eliminating continuous overcharging or billing for items and services that you never purchased or agreed to in the first place.

Here are three mistakes companies often make, which result in paying far more than you should. As you read them, ask yourself: Are we making any of them?

The good news is that it's never too late to tighten up your procedures and start saving money. You can begin by getting in touch with your vendors and reviewing existing contracts. Insist on a fresh SOW if you don't have one. Finally, review all your invoices for discrepancies. We can help you automate invoice tracking, reporting and management. We work with hundreds of organizations to help them save thousands to hundreds of thousands of dollars, just by tightening up processes and identifying things like recurring over-charges from carriers and other vendors.

As an IT professional in this digital age, you have enough challenges on your plate without the added burden of managing every expense associated with each new piece of technology you deploy. Don't let another month go by without putting the breaks on unnecessary charges and saving money to help your department and organization grow.